Environmental protection initiative: “Zero Waste” solidarity marathon started

Nominal effective exchange rate of manat strengthens by 6%

The total nominal effective exchange rate of the Azerbaijani manat as of July 1, 2024 was 104.4 points.

With the main sponsorship of Kapital Bank, the First “iFest-Innovation and Technology” festival successfully held

Bank Avrasiya's investments in securities reduced

Central Bank currency rates for 29 July

Loan portfolio of this bank decreased by 343,000 manats – Report

AFB Bank's loan portfolio for the 2nd quarter of 2024 has been announced.

A ‘cash office’ organized in Naxçıvanbank to withdraw money from accounts

Central Bank of Russia raised the key rate to 18%

The Central Bank of Russia has raised the key rate for the first time since December 2023 - from 16% to 18% per annum.

NBU reports on growth of counterfeit money in Ukraine

The National Bank of Ukraine (NBU) has recorded a significant increase in the number of counterfeit hryvnia and foreign currency.

African countries actively buy gold

More and more African countries are buying gold into their government reserves in order to protect themselves from currency losses, fearing that the United States will use its currency as a pressure tool.

Central Bank currency rates for 26 July

Azerbaijani manat rate has fallen to the euro and to the Russian ruble, grown to the Turkish lira, while is stable to the US dollar.

New feature in Birbank Business’s “Maestro” Tariff: POS transactions now available

Revolut has received a banking license in the UK

Fintech Revolut has received a banking license in the UK from the Prudential Regulation Authority

At currency auction, banks reduced demand by 32.7%

Following the currency auction, the weighted average exchange rate of the manat was formed at the level of 1.7000 AZN/USD.

CBA chairman held a meeting with heads of banks

We held a meeting with the executives of banks that are part of the wide composition of the presidium of the Azerbaijan Banks Association.

Average interest rate on business loans has risen to a maximum

The average interest rate on newly-given business loans in national currency in Azerbaijan has increased to maximum since November 2014.

Regions with the highest interest rates on loans – List

The regions with the highest loans in Azerbaijan have been named.

U.S. may impose sanctions against Indian banks

The U.S. Treasury Department has warned Indian banks that Washington may impose sanctions against them for alleged interaction with the Russian military-industrial complex

Central Bank currency rates for 25 July

Azerbaijani manat rate has grown to the euro and to the Turkish lira, and grown to the Russian ruble, while is stable to the US dollar.

Number of NBCOs’ problem loans has risen - Report

The non-bank credit organizations of Azerbaijan increased their loan portfolio by 13% in the 1st half of 2024

Banks' interest expenses on deposits grew by 118.5 million manats

In the first 6 months of 2024 (January-June), the interest expenses of Azerbaijani banks on deposits amounted to 407 million manats.